Chauncey F Lufkin Iii Foundation
Chauncey F Lufkin Iii Foundation maintains strong program spending despite volatile revenue and negative revenue in 2023.
EIN: 203955738 · N Palm Beach, FL · NTEE: T22 · Updated: 2026-03-28
Is Chauncey F Lufkin Iii Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chauncey F Lufkin Iii Foundation directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chauncey F Lufkin Iii Foundation
Chauncey F Lufkin Iii Foundation (EIN: 203955738) is a nonprofit organization based in N Palm Beach, FL, classified under NTEE code T22. The organization reported total revenue of $93K and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chauncey F Lufkin Iii Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chauncey F Lufkin Iii Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -230.2% | -32.0% | -7.0% |
| 2022 | -91.3% | -44.1% | -0.6% |
| 2021 | +558.5% | +49.8% | +46.5% |
| 2020 | +120.4% | -11.3% | +1.9% |
| 2019 | -78.8% | +45.0% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chauncey F Lufkin Iii Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Chauncey F Lufkin Iii Foundation allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officer compensation is paid, which is highly favorable for directing funds to the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Chauncey F Lufkin Iii Foundation's IRS 990 filings:
- Negative revenue reported in 2023 ($-287,000), which requires further investigation to understand the underlying cause.
Strengths
The following positive indicators were identified for Chauncey F Lufkin Iii Foundation:
- Extremely high program spending ratio (99% of expenses in 2023), indicating efficient use of funds for its mission.
- Consistent reporting of 0% officer compensation, demonstrating a commitment to directing resources to programs.
- Strong and growing asset base ($6,071,836 in 2023) relative to liabilities ($1), indicating financial stability.
- Low liabilities across all reported periods, suggesting minimal financial risk.
Frequently Asked Questions about Chauncey F Lufkin Iii Foundation
Is Chauncey F Lufkin Iii Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Chauncey F Lufkin Iii Foundation (EIN: 203955738) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Chauncey F Lufkin Iii Foundation spend its money?
Chauncey F Lufkin Iii Foundation directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chauncey F Lufkin Iii Foundation tax-deductible?
Chauncey F Lufkin Iii Foundation is registered as a tax-exempt nonprofit (EIN: 203955738). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Chauncey F Lufkin Iii Foundation a good charity?
Based on its financial data, the foundation appears to be a good charity, primarily due to its exceptionally high program spending ratio (99% in 2023) and consistent zero executive compensation, indicating a strong focus on its mission.
Why was the revenue negative in 2023?
The 2023 filing shows a negative revenue of $-287,000. This could be due to investment losses, significant returns of contributions, or accounting adjustments. Further investigation into the specific line items of the 990 form would be needed to understand the exact cause.
How does the foundation manage its expenses relative to its assets?
The foundation consistently manages its expenses well within its asset base. For example, in 2023, expenses were $170,467 against assets of $6,071,836, demonstrating strong financial stewardship and a healthy reserve.
What is the trend in the foundation's assets?
The foundation's assets have shown significant growth over the years, from $1,637,209 in 2011 to $6,071,836 in 2023, indicating successful asset management and accumulation.
Filing History
IRS 990 filing history for Chauncey F Lufkin Iii Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Chauncey F Lufkin Iii Foundation's revenue has declined by 140.4%, moving from $710K to $-287,000. Total assets increased by 270.9% over the same period, from $1.6M to $6.1M. Total functional expenses rose by 30.3%, from $131K to $170K. The organization holds $1 in liabilities against $6.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-287,000 | $170K | $6.1M | $1 | — | — |
| 2022 | $220K | $251K | $6.5M | $1 | — | View 990 |
| 2021 | $2.5M | $449K | $6.6M | $1 | — | View 990 |
| 2020 | $385K | $299K | $4.5M | $1 | — | View 990 |
| 2019 | $175K | $338K | $4.4M | $1 | — | View 990 |
| 2015 | $823K | $233K | $4.7M | $1 | — | View 990 |
| 2014 | $354K | $378K | $4.1M | $1 | — | View 990 |
| 2013 | $1.1M | $121K | $4.2M | $1 | — | View 990 |
| 2012 | $1.8M | $205K | $3.2M | $1 | — | View 990 |
| 2011 | $710K | $131K | $1.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-287,000, expenses of $170K, and assets of $6.1M (revenue -230.2% year-over-year).
- 2022: Revenue of $220K, expenses of $251K, and assets of $6.5M (revenue -91.3% year-over-year).
- 2021: Revenue of $2.5M, expenses of $449K, and assets of $6.6M (revenue +558.5% year-over-year).
- 2020: Revenue of $385K, expenses of $299K, and assets of $4.5M (revenue +120.4% year-over-year).
- 2019: Revenue of $175K, expenses of $338K, and assets of $4.4M (revenue -78.8% year-over-year).
- 2015: Revenue of $823K, expenses of $233K, and assets of $4.7M (revenue +132.2% year-over-year).
- 2014: Revenue of $354K, expenses of $378K, and assets of $4.1M (revenue -67.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $121K, and assets of $4.2M (revenue -38.4% year-over-year).
- 2012: Revenue of $1.8M, expenses of $205K, and assets of $3.2M (revenue +151.3% year-over-year).
- 2011: Revenue of $710K, expenses of $131K, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Chauncey F Lufkin Iii Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.